Wednesday, February 04, 2009
[1]
Capitol Hill is chock-a-block with committee hearings to tantalize the economic observer on Wednesday. Giant Paul Volcker, who awes with his height and his economic wisdom (for those who’ve forgotten the late 1970s), shares a portion of what he tells president Obama with the Senate finance committee at 3 p.m. ET. The House financial services committee receives Madoff whistleblower Harry Markopolos and bashful SEC regulators starting at 9 a.m. ET.
[2]
The powers that be have agreed, but the vote still needs to go ahead. The House decides on Wednesday whether to delay the transition to digital TV until June 12. It seems as if not enough folks have picked up those free coupons inducing them to switch to digital. Or perhaps the coupons have expired or the set-top boxes aren’t available. Or all of the above.
[3]
We’re not buying as much stuff—storefront windows make that obvious. But what’s the situation with the services economy? We’ll get a better sense of the high-level picture as the Institute for Supply Management publishes data from its January index of nonmanufacturing activity at 10 a.m. on Wednesday.
[4]
Among the companies reporting quarterly earnings on Wednesday are Akamai Technologies, Clorox, Cisco, DataLink, Diebold, Equifax, Fidelity National, Goodrich, Kraft, Lazard, Polo Ralph Lauren, Prudential,
[5]
Looking to turn that $1 into $10 or $30? You still can, in good time. The JPMorgan-sponsored Global High Yield and Leveraged Finance conference wraps up in
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